SHOW LOW
CREEKFRONT 11.34 ACRES
ZONED MULTIFAMILY
LOCATION: The property is located in Show Low North of Show Low Lake with frontage on Show Low Creek, which is a perennial waterway. The property is bordered on the North, East and South by US Forest Service property.
DESCRIPTION: The terrain is mixed with a significant portion of the property nearly flat and other areas that slope down toward the creek. The attached map shows the topography of the property. The property has partial tree cover including pine, juniper and oak.
Access is from Show Low Lake Road at the Scott Ranch Road alignment. Scott Ranch Road is a dedicated right of way through the property that has not been improved.
The property consists of two parcels divided by the Scott Ranch Road alignment as shown on the survey map below. The property boundary is shown in yellow.
Last year the water level in Show Low Lake was significantly drawn down in order to make repairs to the valves at the bottom of the dam. The level changes seasonally but not to this extent and the lake has been above capacity with significant water going over the spillway more than once in the last few years.
ACREAGE: The property contains 11.34 acres. The property is a portion of Navajo County tax parcel numbers 212-02-004.
ZONING: The property is located within the City of Show Low and is currently zoned Multi Family Residential. A property with this zoning, combined with the creek frontage and proximity to Show Low Lake is quite unique and offers an investment opportunity on a legacy piece of real estate.
UTILITIES: Navopache Electric provides electric service and Frontier Communications provides telephone service. The property is within the water service area and the sewer service area of the City of Show Low. All services are available but may require extension costs to connect service.
UTILITIES: Water and sewer are provided by City of Show Low. Extension of both utilities will be required. Electric and telephone services are currently available and will also require extensions to serve the property.
PRICE AND TERMS: The property is priced at $475,000 ($41,887 per acre). Terms are available with a significant down payment.
The seller will not accept extensive development contingencies. Offers may include a 45 day contingency period and a closing date no longer than 90 days from date of contract.
